Russian agricultural firms raided over suspected tax evasion

Moscow | Reuters — Meat producer Cherkizovo and farming conglomerate Rusagro were among agricultural firms across Russia targeted in a sweeping investigation into suspected tax evasion on Wednesday. The Tax Service said so far five potential breaches had been uncovered in inspections carried out with the Federal Security Service (FSB) at agricultural holdings across 13 […] Read more

Despite increasing acres of corn expected in the United States, supplies are expected to remain tight during the coming growing season.

Stable soybean prices could mean a lower drop in U.S. acres than expected

Chinese interest in buying Canadian soybeans remains quiet due to political tensions

Compared to two weeks ago, Ontario old crop soybean prices are up 15 to 20 cents per bushel while corn and wheat prices are unchanged. Adverse weather has caused farmer selling to come in below expectations. Therefore, basis levels are functioning to enhance farmer selling. Argentina continues to experience favourable growing conditions; timely rains have […] Read more